RBS AEROSPACE LIMITED

By: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
 Name:\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
 Title:\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
 Date:\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_



 SCHEDULE 11

 AIRWORTHINESS DIRECTIVE COST SHARING FORMULA

If the cost to the Lessee of effecting any Airworthiness Directive (not to
include a Mandatory Order) issued by the FAA (whether or not also issued by the
JAA) after the Delivery Date exceeds US$200,000 (2003), Lessor shall, upon
presentation to Lessor by Lessee of substantiating documentation and so long as
no Default or Event of Default has occurred and is continuing, reimburse Lessee
within 30 days for such Aircraft for a portion of such cost, such reimbursement
to be calculated as follows:

 R= (60 - M) x (C - US$200,000 (2003)\*)
 --------
 60

 where

 "R" means the portion of the cost of compliance to be reimbursed to
 Lessee.